Early data indicate sales would include nearly $15.2 billion offline sales & $11.8 billion online sales on platforms like Amazon, based on Redseer, a market consultancy.
US and EU have warned businesses of strict action against extortionate pricing. In India, prices of vegetables have gone up by 25% and paracetamol by 40%.
For an industry globally classified as hazardous, protections such as health insurance and a provident fund for workers are necessities. In Sivakasi, they remain elusive.
The industry forecasts exports are set to grow 16% in 2025-26, boosted by surplus domestic production and a drive to push into 26 underserved global markets with strong potential.
Indigenisation level will progressively increase up to 60 percent with key sub-assemblies, electronics and mechanical parts being manufactured locally.
It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.
COMMENTS